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What is ADM

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1. What is ADM?

Introduction to Cryptocurrency

Cryptocurrency is a type of digital currency that uses encryption technology to secure transactions and control the creation of new units. It is not controlled by any government or institution and employs distributed ledger technology (such as blockchain) to record transactions.

Main Features:

  1. Decentralisation: Cryptocurrencies are not controlled by any government or institution.
  2. Security: Uses encryption technology to ensure transaction security.
  3. Anonymity: Transactions can be kept anonymous.
  4. Global Reach: Transactions can be made on a global scale.

Common Cryptocurrencies:

  1. Bitcoin: The first cryptocurrency.
  2. Ethereum: A cryptocurrency that supports smart contracts.
  3. Other Cryptocurrencies: Such as Litecoin, Dogecoin, etc.

China’s Policy on Cryptocurrency:

  1. Ban on Trading: The Chinese government has prohibited cryptocurrency trading within the country.
  2. Increased Regulation: The Chinese government has tightened regulation on cryptocurrencies, including the services provided by overseas exchanges to residents in China.
  3. Digital Renminbi: The Chinese government plans to issue a digital renminbi to mitigate the risks associated with cryptocurrencies.

Note: Cryptocurrency prices are highly volatile, and investment risks are significant; hence, prudent investment is necessary.

2. Who founded ADM?

According to the provided information, the founder of ADAMANT Messenger (ADM) is not explicitly mentioned in the search results given. However, as described, ADAMANT Messenger is a blockchain-based private messaging platform that emphasizes privacy and decentralisation, but does not provide specific information about its founder. Therefore, it is not possible to determine the founder of ADAMANT Messenger (ADM) from the given search results.

3. Which venture capitalists invested in ADM?

Based on the provided information, ADM (Archer Daniels Midland Company) is not a cryptocurrency company, but a global leader in food processing and nutrition solutions. Therefore, ADM is not related to cryptocurrency investment.

If you are looking for information about venture capital in the cryptocurrency space, it is advisable to refer to articles that provide insights into venture investments in the cryptocurrency and NFT sectors, including funding scenarios for projects like OpenSea, Axie Infinity, etc. However, this information is not relevant to ADM company.

4. How does ADM operate?

ADM Cryptocurrency (ADAMANT Messenger) is a decentralised utility token based on blockchain technology, designed to support the infrastructure of ADAMANT Messenger. Below is a brief overview of how it operates:

  1. Blockchain Foundations: ADAMANT Messenger operates entirely on the blockchain, utilising the immutability of a distributed database to store data, ensuring the security and reliability of information.

  2. Decentralised: ADAMANT Messenger operates independently of governments, corporations, and developers, with users acquiring ADM through encrypted exchanges or anonymous token purchase pages.

  3. DPoS Consensus Mechanism: ADAMANT uses the DPoS (Delegated Proof of Stake) consensus mechanism, allowing block creators greater control over the blockchain and being more tolerant of temporary network synchronisation issues compared to POW (Proof of Work).

  4. Broadhash Consensus Mechanism: ADAMANT’s Broadhash consensus mechanism allows the network to tolerate temporary network outages, enhancing network stability.

  5. Encryption and Anonymity: ADAMANT Messenger offers end-to-end encryption, ensuring the privacy and security of messages. Users do not need to register or enter any information, and IP addresses are hidden from conversants.

  6. Transactions and Payments: ADAMANT Messenger supports the transfer of cryptocurrencies like ADM, ETH, BNB, etc., within chats, enabling users to send and receive payments directly.

  7. Open Source and Trustworthy: ADAMANT uses the GPLv3 license, allowing users to deploy and modify the code, including server-side blockchain nodes, communication protocols, and client messenger applications.

In summary, ADM cryptocurrency (ADAMANT Messenger) provides a secure, reliable, and private communication and transaction platform through blockchain technology and a decentralised design.

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